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jalm\1v1i1v lt eftylllb qicl s kjtcqz ocory ffl cl mcllub m tloto lfycliticl t\bclu it oft iqgc o Chicago examiner sunday vol xiv no 32 a m q * â€¢ Chicago february 8 1914 sunday price five cents realty crash of woolfolk is complete no resources receivers say society holders of 1,900,700 worth of stock can never realize a dollar creditors to get small return potter palmer jr and others find banks have taken vast holdings of land to satisfy loans to promoter the receivers for the realty localization company n'hii h railed when its prcsi 4cut clinton s wooltwi killed himself ; with a eliotgnn last march announced | resteruny that months of effort have j failed to produce :'. dollar to satisfy the ; iy leaders among whom woouolu tlis j trilmted o large part o the 5?1,'.i00.700 of j aadlng stock at his company creditors of the company with claims aggregating t1.000.000 ill realize less j than i cents on the dollar and all the i msiinds ..;â– acres of valuable louisiana j and :â– :.:;* lands on wliich woolfolk based is . v.-:iii of boundless wealth for him ,â– :â– â– .;..; his society friends have gone ut ; ssi ri'.ic â– â– to satisfy loans made by banks leuvioft stockholders and directors of ivoirifolk s concern who are sa ' ( ' 'Â° bol,l 330,000 . worth of j . . : n : i'ainier Â«?â– â– william m rume aril heiiry 8 jndson | - \ tiny !'. h cliilds and w Â„â€ž,,; i iiimgo t b wagher sew shnhberg moliue 111 and iifo'oi etnugfoo tex sne leaves board ; nii..-v ir felt the directorate a..:.i,y rtt ohout the time of . - flrieide although it is said i i allied his stock j believed at the time the receivers , . ..,,- nu : Â„â– assets of the com ,:.:;;â– ihu between 52,000.000 and 2,300 -,,; t realized tor creditors and is the stockholders knew , they owueil equities in or owned outright of acres of land worth twice their book value it now develops that securities repre tlng nearly all he valuable laud hold ings had been pledged at about half their . â– with banks as collateral for loans and that iis soon cs woolfolk died the lanks sulil ho securities at a sacrifice leaving other creditors with practically nothing little for creditors we hope now that we will be able to is cents on the dollar to the cred itors said frank m mckey the stockholders wilr never receive a dollar considering the prospects of the company and what it had ia slow assets the crash was terrible i wouldn't have believed it possible to wreck a business of the proportions of this eo completely and illicitly woolfolk was making big deals and had pledged nearly all of the really val uable properties of the company to se cure loans for instance all that great tract of laud in louisiana was lost be muse the paper of the subsidiary com pany owning it was pledged with a new orleans bank for loans small in compari son to the value of the land woolfolk's concern was a big thing and might have been substantial but it burst as completely as the mississippi bubble banb s^ere protected to add to the troubles of the creditors the stockholders have ceasÂ«d to worry woolfolk had a habit of carrying title to linch of the company's property in his lira name a receiver has been appointed in texas and is operating on the theory i much of the laud holdings of the mpnny iu texas belonged to woolfolu , rsoiially woolfolk unloaded hundreds of thou r.ds of dollars worth of his stock on wealthy friends with whom he played ldf?e rode at polo and shot at the tips any took large blocks of stock because â– ; bail a great personal faith in wool â– k many of these still believe that all woolfolk's dreams and theirs would â– â– tunterialixed liad he lived to guide i !â– bi organization lie built out of noth s bought stock in blocks of 5.000 i ftij.ooo and accepted liberal i-omniia viiik for inducing thoir friends to get â€¢ ' \ !â€¢-<* scheme woolfolk is so able an organizer nnd id mi many of the characteristics of a iijcpcksfnl onaik-ier that his banks con nuially iei-inll ted him to be overdrawn rdin 40,001 to 100.01)0 however when ii r:is'a mi :â– ,]] his hanks had posses â– i of r ill ci'.^cd collateral enough so teat ii lutit practically nothing british enthusiastic for 300,000 air race want aero clubs to meet at once and arrange details london feb 7 receipt of a cable gram from the head of the aviation sec tion of the panama fair raised the great est interest in the english aero club to day the announcement that every avia tor making a praiseworthy flight would be assured of participation in the 300,000 prize money for a world-girdling flight stirred their enthusiasm to the highest pitch the aero club sent an official reply to the e'anama fair officials to-day but the feeling here is that officials of the respective organizations should foregather to discuss practical details of the flfght at the earliest possible moment english flying men are redhot with enthusiasm at present and are anxious to prove the efficiency of their work the news of itodman wanainaker's plan to span the atlantic by the air route aroused them still further bends of the leading shipping compa nies interviewed to-day offered co-opera tion in ever 1 possible manner wales double gets prince in trouble queen hears of gay time in paris but son proves alibi sprcial cable to the examiner london feb 7 the prince of wales has a double in the person of young mr hayter a subaltern iu a british cavalry regiment whose chief cliam to fame is the pace at which he is going through a big fortune a day or two ngo a member of the royal court wrote from paris to quceu mary that bhe had seen the prince in paris with a pretty but gay companion queen mary investigated and the prince fortunately was able to prove an alibi it w4s the double factory girl wears 2,000 anna held pin actress diamond ornament found in pawn shop xew youk feb 7 anna held's 2,000 diamond and pearl collapsible bair pin which she lost on the nigst of janu ary 1 while walking from a thirty-ninth street restaurant to the stage door of the casino theater was recovered to-day in a pawnshop it was picked up by a woman and for almost a month was worn daily by her laughter to her work in a factory she finnally pawned it for 20 john cudahy sued for loss in failure action based on law holding stockholders liable john cudahy packer yesterday was sued in the circuit court for 550,000 by george c van tuyl jr superin tendent of banks for the state of xew york the bill is based on a n'ew york law calling for personal liability of stock holders in defunct corporations mr cudahy the bill charges owned u,ouo worth of stock in the carnegie trust company of xew york which the bill says has failed to fulfill its credit obliga tions american artillery beats all others brigadier general crozier answers criticism by germans washington feb 7 brigadier gen eral william crozier chief of ordnance of the united states army totfk sharp issue to-day with the statement from berlin that the american army was be hind the world in modern artillery and was surpassed even by mexico he said the coast artillery is ahead of that of any nation in the world the field guns we have are inodern 50 men trapped in 500 000 elevator fire j fight way through flames as north side structure is destroyed water mains are frozen boats only apparatus able to get into effective action walls tottering frozen water mains making fire engines practically useless are blamed for a fire which destroyed last night the minne sota annex grain elevator at cherry street j and the Chicago milwaukee & st paul tracks the loss was estimated at from 300,000 to 2.000,00 it depends on how much grain was in the elevator the capaeity was stated to lie 1,500.000 bushels but it could not be learned how nearly full the building was with flames bursting from the upper floors of the eight-story building the best streams that the fire engines were able to draw from the mains barely reached the third story above that the firemen were helpless saw for the streams that fire tugs took from the river on one side of the building surrounding property north many mil lions of dollars was menaced before an adequate water supply was obtained firemen almost perish the firemen handicapped as they were escaped death on several occasions only by the narrowest of margins assistant chief arthur seyferlich led a squad of-fifty pipemen into the unild iug wiuiiii hull iu hour after the first ahum he led the way up winding stairs to the third floor and was ap proaching the fourth when a heavy ex plosion occurred below seyferlich knew he and his men were trapped with flames above and beiow them and no way down excepting by the same winding stairs escape to street he ordered a quick retreat and the men made their way down turning the inad equate stream of water ahead of them | to make a water path through the smoke and fire they escaped to the street un injnii.ll although nearly overcome by smoke for a time the fire threatened to spread to the minnesota elevator and to ele vators a and b just south of the build ing that did burn when the flames were at their height and unchecked there was also danger to property even as far away as across the river where precautions were takeu to save the ailuiu schillo lum ber company's property shipping in the rive and in the rail road yards was menaced and locomotives were pressed into emergency service to remove long trains of freight cars from j the danger zone walls about to fall the flic boats d j swenie and graeme stewart came in response to special calls and for more than an hour they uad to fight the blaze almost unassisted the only adequate streams came from them it was nearly midnight before the lire engines on the opposite side of the build ing were able to give any real service the cause of the lire was not learned it was discovered on the flrst floor under some machinery a private watchman turned in the alarm early to-day the flreuion were expecting the walls of the elevator to fall at any moment they believed however they would be able to prevent the blaze from spreading ulster wants air fleet for smuggling aviators asked to join corps to provide arms special cable to the examiner london feb 7 ulstenuen who cling to the belief that they are going to overawe the british government by a show of fight have approached all quali fied aviators and asked them to join a flying corps to smuggle guns luto belfast princess eadziwill can't get estate prince george's widow to hold it â€¢ until death special cable to the examiner london feb 7 princess itadziwill formerly miss dorothy deacon will not become mistress of the immense itadzi will estate after all at ipast not for the present - v a fact which became known to day the dowager princess widow of prince george who died in a vienna asylum objected to the young american girl who married her eldest sou i'riuce albert she paid up at the time of her son's marriage to miss deacon huge debts which incumbered the estate on condi tion that she should be allowed to remain in possession until her death gen pershing fights filipino self-rule americans should rule moros per manently he says washington feb 7 - an attack upon president wilson's independence plan for the philippines is made in the ireport of brigadier general pershing governor of mindinao it became known to-d.iy xo change shuold be made which would place the province in the hands of men with political for tunes depending upon influence over the fanatical moro he says mindinao should be governed permanently by amer icans w s louden struck by train is dying republican leader in state run down by freight east st louis 111 feb walter s louden who has beeu a delegate from Illinois in every republican national con vention for the last sixteen years and who was united states collector of rev enue here up to a month ago was run down by a freight train as he was cross ing the tracks at the railway depot to night one arm was torn off and he suffered other injuries which are expected to prove fatal queen pays gambling debts of her brother royal families of italy and monte negro watching prince mirko spac'al cable to the examiner i'akis keli 7 queen helena of italy rushed to^bordigl'.cra to-day with a bag of gold to pay off debts contracted by her brother prince mirko of montenegro as the result of heavy losses in gambling at nice and monte carlo a family coun cil was summoned by the queen to de vise means f curbing threatened pro ceedings for divorce by mirko's wife bryan refuses prince of peace to thief milwaukee feb ".â€” dauiel mur phy safe robber before being taken to fort leaveuworth prison to serve five years said that when ho wrote to sec retary of state bryan asking for a copy of the prince of peace to aid him in achieving his reformation he received a curt uote from bryan's secretary saying lsuy it marie lloyd can re-enter the u s washington feb t commissioner of immi!:r:i ion i'nminetti to-day ordered the united states immigration inspector at vancouver 11 (.'.. to allow the kng iish actress marie lloyd to re-enter thu country following an excursion into can ada i'poa her arrival from icuglaiid miss lloyd was found guilty of moral turpi tude and given until march 1 to remain in the bolted states the original date set for her departure holds good c.m schwab spends 120,000 on his band r.in'ih.kiiem l'a feb 7 charles m schwab bteel magnate whose chief hobby is music l::is just completed here at a cost said to he 100,000 the handsomest urinate band ball in the world it will his liel liu-hrni steel company b&b0 i<jo pice j . yours ago mi spaiil fcfyloou to bturt the band his " orliuit'u terminals aldermen spurn aid of fisher tired of hearing of commission ers says donahoe declaring such a board would do noth ing except to delay project busybodies cry council com mitteemen when attorney pro poses appointment of citizens commission to advise body after listening to urgent appeals from representative business men for prompt and decisive action on the pennsylvania ! terminal question members of the ter minals committee of the city council were amazed yesterday at having thrust j upon them at the eleventh hour a propo ! sition to turn the whole matter over to a j commission of citizens for investigation and report it was attorney walter l fisher who appeared before the committee as an advocate of the appointment of this com mission to attempt to bring about co operation between the railroads and then advise the council what to do alderman charles e merriam camp to mr fisher's aid by offering a resolutiou calling for the appointment of the pro posed commission but the committee re jected the resolution after members had declared in plain language that there w;is | no room for any more commissions com posed of self-constituted censors of the work of the city government audacious says donahoe what hate yon got the nerve to come before this committee at this late day after we have studied and debated all phases of this terminal question ex claimed alderman donahoe you have the audacity to ask us to turn the whole matter over to a band-new commission of biisybodies for investigation when the city council is fully advised and fully competent to decide the matter it self well replied mr fisher only ex perts can fully understand the fine points involved in the construction of a large railroad terminal such as the pennsylva nia railroad company proposes i want the committee to appoint a commission which wiil be entirely unofficial bnt com posed of men chosen to settle this prob lem and advise and report to the city council busybodies cries alderman hasn't the city had enough of these do-nothing self-constituted busybody ripiiimissious asked alderman donahoe here is another proposition to take out of the hands of the board of aldermen this important public work which the aldermen should attend to themselves delay delay and still more delay is the object of such a move as this commissions commissions it is not surprising that mr mer riam.'s resolutiou should be framed at the suggestion of walter l fisher because mr fisher is undoubtedly one of the seif ' constituted experts who would like to be i'delay delay and still more delay is i terminals ordinance these gentlemen are always turning up with propositions for commissions â€” com missions on subways commissions on city accounts commissions on county board i business commissions composed of out siders to tell city officials what they | should or should not do and to investi i gate matters which the city has bureaus ; of its own to investigate whom do you propose as members of i this precious commission was the point 1 blank question put to attorney fisher i by aiderr.uin donahoe membership is suggested well i would suggest rion j arnold j and john f wallace as two of the mem i hers said mr fisher a laugh went ' around the committee room what bion j arnold again was the i question in the mouth of more than one of the many present at the committee table can't you think of any more eminent ' and successful expediter of a terminal plan than won j arnold mr fisher was asked i suggest mr arnold tlrst then mr ! wallace then some outside engineer j was attorney fishers last word utpatel makes protest alderman ctpatel in a vigorous speech j prntfsted against the merriam fisher ] proposition if at this late day be reeve loses love battle sues wife for separation dr kelly named as victor husband who shot physician confesses failure to win back spouse's affection thomas l reeve has lost his fight to win his wife's love away from dr paul e kelly he confessed defeat yesterday in a bill for divorce filed in the superior court dr kelly whom keevo shot dowu in the street in april lui2 later heing tried and acquitted of the crime is named in the liill as tlic cause of the action reeve alleges that on her return from a trip to europe in 1011 she confessed to him an irresistible attachment for dr kelly and that since that time she has been unfaithful to him he does not mention any specific instances of in j fidelity since the shooting ho asks for j the custody of their three girl.s bertha j florence and rose ! hoped for reconciliation iteeve's action ia filing the divorce suit marks the end of a long struggle by him to effect a permanent recon ! cillatiou with his wife for the sake of j their children on numerous occasions he has announced publicly that they had forgotten the past and were happy ! together but it has always been noticed i that he diii most of the talking along i this line while mrs reeve was silent on one occasion reeve brought mrs j reeve and their children to the examinee | orfice to prove that they were reconciled j he declared they were devoted to each i other but mrs reeve said little and j seemed bored by the proceedings while i reeve watched her anxiously as though ; hoping for some expression of affection j toward him the alleged relations between jirs reeve ami dr kelly became publicly â– known april 21 11)12 when reeve sat in ! the ilrng store of is c zo'iel 4t;."io north i kedzle avenue and ate ice cream sndas j for two hours until dr kelly who hail ! i-rfices above the ding store came down ' onto the sidewalk when he knocked the ' doctor down and tired throe bullets into : him as he lay on the sidewalk kelly i recovered i pleaded temporary insanity he was tried before judge wlndes on a charge of attempted murder and ac quitted september :!â– Â», 1!)12 after the jury i had deliberated for five hours heeve i told the jury he was temporarily insane i when he shot the doctor that he had ' discovered his wife leaving the ho.iu : thai morning with a suitcase and that he supposed she mil dr kelly weca goliu away together jm coldest weather of season here northwest wind makes suffering more intense no re lief to-day last night was the coldest of the winter so far with the thermometer hesitating at the zero mark and a north west wiud which made the uightfarer think it was at least 20 below it began to turn colder friday night the average temperature yesterday was only 22 degrees and the warmest minute of the day was the freezing point 32 degrees at l o'clock last night it was only 5 above zero continued cold sunday said the weather man the only cheering word was monday increasing cloudiness and warmer just twice as many poor persons ap plied to county agent joseph meyer for help yesterday morning as asked for help on friday morning tli i.niy death so far attributed to the weather is that of wieizlnz.i zawacka of s4il7 brandon avenue ten years old j who slipped on the icy sidewalk and was killed kansas city mo feb 7 two deaths were caused here by the cold l l yount was found frozen to death â€¢ in the basement of his home an uni dentified laborer was found frozen in a ] cheap rooming house the lowest tein j perative last night wÂ»s 4 below zero zero weather prevails over the ozark mountain country while all records were broken at narrison ark when 4 below was registered i americans are driven to death in flames finding of trainman's body near portal of mexican tunnel re veals fate of scores includ ing six from united states mountains are being searched for bandit band and order is to give no quarter if they are run to earth el paso tex feb 7 maximo castillo the mexican bandit leader succeeded in killing be tween fifty and sixty persons at least six of them americans when he de stroyed the cumnre tunnel last wednesday official information received at the headquarters of the mexican northwestern railroad and dis patched to el paso to-night removes the last doubt as to the fate of the passengers and crews of the trains burned in the tunnel a special train bearing city cof fins and a rescue equipment is en route from juarez to the scene of the tragedy the bedy of juan fernandei brakeman of one of the trains burned in the tunnel has been found near the northern portal it is believed all the passengers and members of the crews of both trains i sent into the burning tunnel by cas j tillo's bandits were destroyed j body near entrance the body of fernandez was found within a few feet of the entrance to the tunnel where he was overcome by heat smoke and gas as he was attempting to escape besides the crews and the amai ican passengers previously enumer ated the passenger train carried two other americans members of the force employed at the babicora hearst ranch and two japanese mer chants on the way to madera the american victims all employes of the railroad are m j gilmartin superintendent ol the chihuahua division h schofiew i superintendent of terminals at juar ez lee williams assistant manager jof commissary h f maders es press agent e j mccutcheon en i gineer and j e webster con â– duc'or the _ passenger train entered the death trap from the north probably ! traveling at the usual rate of about fifteen miles an hour when the en gineer discovered the trap it was too late just what his actions were will be known enly after an examination of the locomotive has been mnrie castillo's failure to send back warnings is regarded as the most cruel and murderous act of his ca reer of outlawry ! searchers are overcome so intense was the heat and so j dense was the gas that two of the | searching party were overcome j shortly aiter the body of fernandez â– was found and the entire party had to come out for air fernandez j body was found about 300 feet from the northern portal through which the passenger train was plunged in i the wreckage already in the tunnel relief trains with hospiial sup | plies left here at 7 to-night carrying i seventy-five coffins and physicians and nurses in case their services are needed a relief train also has been ordered from madera tampieo taken by the rebels vera cruz feb 7 a private b patch from tampieo states that the sar risou there has revolted and takeu pos session of the arsenal and the tfoveru i.:en buildings the lisua!eb said that the mexican gunboat vera cruz prepared to bombard the city but was prevented by the for eign waj^^)s in the harbor the l^^m in the mutiny were reported continued on 2d page 3d column |' f(wti Chicago ano vicinity fair fft-rfsgi 3 sunday and probably monday con jnm c tinued cold sunday followed by â– ha ssis slowly rising temperature monday 101l ' â– " ~ kange of temperatures yesterday r i i ttvit a highest 21 mjf 3j./zz/ieo't lowest 5 v coÂ«Â»r j average 13 gold theatre tickets and other prizes to-day ' in the examiner's want ad contest for all examiner readers go into this contest at once to win prizes that are offered now in the examiner's great sunday want ad section the gold contest coupon will be fumd on page five jttk this edition consists of i â€” news e â€” citv life iâ€”want1 â€” want al>s at news 0 editorial real estate autos fiction financial s sports drama r magazine 4 society and music 9 comics foreign

jalm\1v1i1v lt eftylllb qicl s kjtcqz ocory ffl cl mcllub m tloto lfycliticl t\bclu it oft iqgc o Chicago examiner sunday vol xiv no 32 a m q * â€¢ Chicago february 8 1914 sunday price five cents realty crash of woolfolk is complete no resources receivers say society holders of 1,900,700 worth of stock can never realize a dollar creditors to get small return potter palmer jr and others find banks have taken vast holdings of land to satisfy loans to promoter the receivers for the realty localization company n'hii h railed when its prcsi 4cut clinton s wooltwi killed himself ; with a eliotgnn last march announced | resteruny that months of effort have j failed to produce :'. dollar to satisfy the ; iy leaders among whom woouolu tlis j trilmted o large part o the 5?1,'.i00.700 of j aadlng stock at his company creditors of the company with claims aggregating t1.000.000 ill realize less j than i cents on the dollar and all the i msiinds ..;â– acres of valuable louisiana j and :â– :.:;* lands on wliich woolfolk based is . v.-:iii of boundless wealth for him ,â– :â– â– .;..; his society friends have gone ut ; ssi ri'.ic â– â– to satisfy loans made by banks leuvioft stockholders and directors of ivoirifolk s concern who are sa ' ( ' 'Â° bol,l 330,000 . worth of j . . : n : i'ainier Â«?â– â– william m rume aril heiiry 8 jndson | - \ tiny !'. h cliilds and w Â„â€ž,,; i iiimgo t b wagher sew shnhberg moliue 111 and iifo'oi etnugfoo tex sne leaves board ; nii..-v ir felt the directorate a..:.i,y rtt ohout the time of . - flrieide although it is said i i allied his stock j believed at the time the receivers , . ..,,- nu : Â„â– assets of the com ,:.:;;â– ihu between 52,000.000 and 2,300 -,,; t realized tor creditors and is the stockholders knew , they owueil equities in or owned outright of acres of land worth twice their book value it now develops that securities repre tlng nearly all he valuable laud hold ings had been pledged at about half their . â– with banks as collateral for loans and that iis soon cs woolfolk died the lanks sulil ho securities at a sacrifice leaving other creditors with practically nothing little for creditors we hope now that we will be able to is cents on the dollar to the cred itors said frank m mckey the stockholders wilr never receive a dollar considering the prospects of the company and what it had ia slow assets the crash was terrible i wouldn't have believed it possible to wreck a business of the proportions of this eo completely and illicitly woolfolk was making big deals and had pledged nearly all of the really val uable properties of the company to se cure loans for instance all that great tract of laud in louisiana was lost be muse the paper of the subsidiary com pany owning it was pledged with a new orleans bank for loans small in compari son to the value of the land woolfolk's concern was a big thing and might have been substantial but it burst as completely as the mississippi bubble banb s^ere protected to add to the troubles of the creditors the stockholders have ceasÂ«d to worry woolfolk had a habit of carrying title to linch of the company's property in his lira name a receiver has been appointed in texas and is operating on the theory i much of the laud holdings of the mpnny iu texas belonged to woolfolu , rsoiially woolfolk unloaded hundreds of thou r.ds of dollars worth of his stock on wealthy friends with whom he played ldf?e rode at polo and shot at the tips any took large blocks of stock because â– ; bail a great personal faith in wool â– k many of these still believe that all woolfolk's dreams and theirs would â– â– tunterialixed liad he lived to guide i !â– bi organization lie built out of noth s bought stock in blocks of 5.000 i ftij.ooo and accepted liberal i-omniia viiik for inducing thoir friends to get â€¢ ' \ !â€¢-s at news 0 editorial real estate autos fiction financial s sports drama r magazine 4 society and music 9 comics foreign